ICICI Bank (IBN) Increased to "Buy" at BidaskClub

Icici Bank Limited (NYSE:IBN) had a decrease of 0.17% in short interest. About 3.24 million shares traded.

IBN has been the subject of several other reports. It has a Return on Investment (ROI) of 0.00% and a gross margin of 68.40%.

An institutional investor recently raised its position in ICICI Bank Limited stock. The hedge fund held 153,106 shares of the public utilities company at the end of 2016Q4, valued at $3.17M, down from 176,386 at the end of the previous reported quarter. Dodge & Cox purchased a new stake in ICICI Bank Limited during the fourth quarter worth about $14,420,000. It also increased its holding in Merrimack Pharmaceuticals In (NASDAQ:MACK) by 550,000 shares in the quarter, for a total of 1.05M shares, and has risen its stake in Baozun Inc. Its weekly and monthly volatility is 1.06%, 1.28% respectively. Earnest Partners boosted its stake in stocks of ICICI Bank by 5.3% in the Q1. Bancorpsouth invested in 10,258 shares or 0.02% of the stock.

Lmr Partners Llp decreased its stake in Icici Bank Ltd (IBN) by 24.6% based on its latest 2016Q4 regulatory filing with the SEC. The PEG ratio is used to determine a stock's value while taking the company's earnings growth into account, and is considered to provide a more complete picture than the P/E ratio.

ICICI Bank Limited (IBN) reported earning per shares for the quarter ending Aug 02 BMO, whereas, 2 number of analysts estimated the mean EPS at 0.36.

The stock is now moving with a Positive distance from 200-Day Simple Moving Average of about 18.77% and has a pretty decent Year to Date (YTD) Performance of 33.06% which means the stock is constantly adding to its value from previous fiscal year end price.

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The firm also recently declared an annual dividend, which was paid on Wednesday, June 21st. The ex-dividend date is Monday, June 19th.

COPYRIGHT VIOLATION WARNING: "Prudential Financial Inc". Finally, Portland Global Advisors LLC increased its stake in ICICI Bank Limited by 0.3% in the first quarter. If you are viewing this report on another domain, it was stolen and republished in violation of USA & global copyright and trademark laws.

Many other research analysts published research note on IBN.

06/16/2016 - ICICI Bank Limited had its " rating reiterated by analysts at JP Morgan. (The) upgraded shares of ICICI Bank Limited from a buy rating to a conviction-buy rating in a research note on Tuesday, June 6th. Jefferies Group LLC cut ICICI Bank Limited from a "buy" rating to a "hold" rating in a report on Monday, March 6th. Goldman Sachs downgraded the shares of IBN in report on Tuesday, May 3 to "Neutral" rating. The rating was upgraded by Goldman Sachs to "Buy" on Monday, September 14. BidaskClub upgraded ICICI Bank Limited from a "hold" rating to a "buy" rating in a research report on Friday, June 23rd. The rating scale runs from 1 to 5 with 5 indicating a Strong Sell, 1 indicating a Strong Buy and 3 indicating a Hold. This SMA data will help a long-term trader to figure out that ICICI Bank Ltd (ADR) (NYSE:IBN) stock price level can be now recognized as a major support and therefore the stock is an overall uptrend, as a stock's price remains above the 200 SMA on the daily time frame.

03/11/2015 - Societe Generale began new coverage on ICICI Bank Limited giving the company a " rating.

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